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Hayward Says ‘Too Early’ to Reach Conclusions on Spill’s Cause

BP CEO Tony Hayward is sworn in before a House Energy and Commerce Committee hearing on the accident in the Gulf of Mexico involving the BP Deepwater Horizon rig. Photographer: Joshua Roberts/Bloomberg
BP CEO Tony Hayward is sworn in before a House Energy and Commerce Committee hearing on the accident in the Gulf of Mexico involving the BP Deepwater Horizon rig. Photographer: Joshua Roberts/Bloomberg

June 17 (Bloomberg) -- BP Plc Chief Executive Officer Tony Hayward said “it’s too early to reach conclusions” on the cause of the company’s oil spill in the Gulf of Mexico.

Hayward responded to questions at a House hearing from Representative Bart Stupak, a Michigan Democrat, who said there’s already evidence that “BP blew it” and “cut corners.”

Link to Company News:{BP/ LN <Equity> CN <GO>}

To contact the editor responsible for this story: Larry Liebert at lliebert@bloomberg.net

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